THE BELLOWING WILDEBEEST REVIEW (copyright 2006) Issue #1 FEBRUARY 2006
In the hollowed tradition of revealing the financial community’s most bizarre statements. absurd arguments,
and twisted spins on the facts, we continue to present the evidence that the investment arena is primarily populated by bovines
who are seasonally slaughtered financially by the predators who lurk among them, posing as helpful advisors, and friendly
commentators.
Let’s see what the financial Serengeti has offered for our amusement, and edification so far this year.
The first award goes to Bush and Company for providing superb drama, even if they forgot to edit the script.
We all know that the US is fighting in Afghanistan and Iraq to punish the Arabs for their anti-American attitudes,
and terrorist acts, don’t we? So this week’s new subplot is a a hoot.
We now know that the Arabs (Yes, the people from the United Arab Emirates are Semitic Arabs) are going to be running some of the United
States ports! The Bush Administration has already approved the contract. But Wait! There’s more!
We now told that Dubai Ports World will be running 21 ports in the US. If this report is true, the United Arab Emirates will be in control of most of the oil supply in
the US.
George Bush has reminded us that no one questioned the operation of the ports by the British.
He also reminded us that the United Arab Emirates are good friends of the United States.
However, the Bellowing Wildebeests from Congress are in full panic. They are stampeding in all directions
while bellowing incessantly about security. It’s beyond them that putting sanctions against, and attacking the countries
that have the oil we need, is putting our security at risk.
The next award goes to an organization named The
Laboratoire européen d’Anticipation Politique Europe 2020 (LEAP/E2020) for providing the best "Scarem into Gold" story!
The Laboratoire européen d’Anticipation Politique Europe 2020 (LEAP/E2020) now estimates to over 80%
the probability that the week of March 20-26, 2006 will be the beginning of the most significant political crisis the world
has known since the Fall of the Iron Curtain in 1989, together with an economic and financial crisis of a scope comparable
with that of 1929."
Now just what are they selling? We all know that Spring occurs on March 21st this year (per my trusty Farmer’s
Almanac). But an 80 percent probability of an economic, financial, and political meltdown?
They must be projecting the English/French Diana crisis onto the rest of the world. The Europeans have so many financial problems that they make the US look
good! Now that’s scary!
Whenever we hear these reports of Armageddon, we must consider the agenda of the writers, according to Jim Rogers.
"Just because the US dollar collapses and life takes a huge turn for the worse in the US - the rest of the
world doesn’t just automatically fall - and along with them - their fiat currencies. This is paranoia thinking at its
worse. These doomsday scenarios are a pile of crap used as propaganda by the gold bulls. The world may be heading for crappier
times - but the "gold/fiat currency" issue isn’t the only game in town. The fact is - those in charge have no real interest
in destroying every economy in the world - and yes they do have a say in that matter. The collapse of more than the US dollar
- but that one as well - can and will be avoided by the guys in charge - because it is definitely in their best interest to
keep the fraud from ending.
"
Honorable mention goes to Richard Daughty (The Mogambo Guru) for surfacing this
snippet of doom.
The next award goes to Gary North for knowing the least about chart reading!
Gary North proved that he is the worst chart reader for this quarter in a recent article on
silver." Yes, they have bid up the price of silver since April, 2003, when it bottomed for the year at $4.37." was his statement. The real bottom occurred in March, 1991 at $3.46. The next
key low for silver was $4.04 in November of 2001. Gary North’s comment about the April, 2003 bottom at $4.37 is meaningless.
Clicking on the link below will bring you to the correct chart.
http://charts.barchart.com/chart.asp?sym=SIY0&data=G&date=022706&den=HIGH&divd=Y&evnt=ADV&grid=Y&jav=ADV&size=D&sky=N&sly=N&vol=Y&late=Y&ch1=011&arga=&argb=&argc=&ov1=&argd=&arge=&argf=&ch2=&argg=&argh=&argi=&ov2=&argj=&argk=&argl=&code=XSTKIC&org=stk
Honorable mention goes to Franklin Sanders for surfacing this grave error in basics by Gary North!
This concludes this edition of the Bellowing Wildebeest Review.
We wish to thank all our readers who contacted us about various and sundry events, and statements that occurred
in the financial Serengeti!
Readers who provide the winning information will win a free three month subscription to their choice of THE LOONIE WATCHER (copyright 2006), or THE BLACK GOLD WATCHER (copyright 2006).
Wayne N. Krautkramer wkrautkramer@yahoo.com https://onlypill.tripod.com/
